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agreed just having some fun but still a little concerned the 10 day avg volume is 10.9 million a day and here we are not even lunch yet and we are at 7.4 million and we are down, a definite distribution day and not very bullish to say the least on a ta point of view its not looking so hot
yeah maybe Ill come and meet them too, I'll be the guy with no shirt on.......because I lost it here...
thats what worries me the russians are coming they have a tendency to muck things up
This sux now more cheap shares are being bought at .015 which means an even BIGGER wall when we test .03 not looking so hot
irrational exhuberance
agreed wiseman some numbers would be very nice lets hope by year end or better yet even sooner
I personally think that it could also be a cultural issue if you call down there you are sh** out of luck unless you can speak Spainish and the North American man Ken Lamb is busy running around in meetings and closing up deals (sometimes it may seem in the middle of a jungle) I think the attitude they are showing is please in due time everything will be shown to the shareholders and we will all get rewarded they are conducting a business and not a pr campaign but I do understand ones frustration here but I bet if we asked one of the Colombians they wouldn't understand, they would be like what do they want from us to pull the gold out of the ground right? well thats what I am doing....
no its .0017 to .0018 3 orders at .0017 looks like its stabilizing
thats pretty strong statement coming from a guy whose username ends in a vowel r u a part of the mafia? I think they have cleaned up there act considerably over the years, the president of Colombia is a democracy loving capitalist and it will be one of the countries to benefit the most from rising commodity prices in the years to come. The country is a miners wet dream and its only a matter of time before a major discovery is found there that will bring the spotlight to colombia and the region
I wonder who does the gold smelting down ther, be good to find out if mgm is using them and how much
yeah but those flippers will come back in hordes in 07 its ok anyone that knows anything about investing or business in general knows that its not overnight and the beginning is always a rough and rocky ride, if people cant take it then buy a value stock like a bank stock or even microsoft (even thought they insist they are still a growth company)
Yup I think someone posted here (back in the summer) that Mr Lamb had said that this year would be the acquisition year "positioning the company" and that 07 would be full blown production and mining
Once all of these mines are up and running we should start seeing growth in the pps, still a growth company with growing pains but looks like they are doing the right things. I love portfolio of PRODUCING mines its only a matter of time IMHO
does anyone know who or what the T-unit are?
I didnt see the level 2 today was it bid whacking? or MM manipulation? or just a frightened investor selling and causing a ruckus
agreed usually if you do opposite of what shakerzz posts it means you will come out with much more money
lets hope we see some good news from gbdx damn it should have sold some at .03 last week
who knows maybe an old investor got tired of waiting, usually all it takes is one holder selling off 15 20 million shares (multiply that at these levels and the dollar amount is not impressive) to set up a panic a chain reaction like a pack of stampedeing elephants. Me I am waiting for the gold being pulled out of the ground to be turned into dollars Im an nvestor here and not a quick flipper
right now I would settle for lquidity lol
alphatrade hasnt updated its l2 either but they are brutal
neger GBDX gonna watch it today for the pop
new one to watch intersting to see where this is gonna end up not enough info out there yet to decide but it has to be better than fancy art, instead of oil paintings give me oil lol
the only differance is he can open his desk drawer up and pull out a gold nugget that he got from is property and hit you over the head with it can your office do that?
look at these pics from eagm someone posted them earlier
http://pg.photos.yahoo.com/ph/ogclip/detail?.dir=mail&.dnm=f64dre2.jpg&.src=ph
actually to be honest I like the fact that these guys dont release fluffy news just to prop the stock, it shows they got bigger fish to fry tan just worrying about the stock price
yes sorry the govt cut my funding so I had to get a real job lol but back for good and long and strong on eagm
GBDX looking good, get in at .022 if you can pr expected for the 6th of Nov.
well the low volume (relativley speaking the last couple of weeks says one thing the sellers are gone) all we need is news now boys come on, also please please please show us some numbers......
My personal view is this, I think EAGM is gonna go through a series of mini rallies (based on the price of gold, and prs announcing developments) but the real bonus will come once numbers are announced and production numbers are quantified and announced then your gonna see this baby move. We all kow there is gold (and a lot of it) in the region and I think someone posted an old report that is floating on the net from the late 90s that mentioned massive quantities on the El Alalcran lan the prize will go to the investor that is willing to wait unil the entire story plays out and tha is what I intend to do, mind you I will still flip and trade on those mini rallies)
just my opinion
300 Million!!!! is that revenue or assets????? either way its impressive
true true, any idea for corprate lpng term strategy? if they have huge numbers will they be applying to the otcbb or nasdaq or amex? Just a thought, numbers are good but AUDITED numbers are great
negger thanks for getting me in this at .014 good find on your part I ust got to follow you around to make money lol. so far so good :)
wow I get tingly everytime I see those pictures with the gold veins. Give it some time remebmer that MGMX is still a growth company and a small cap growth company at best so there are bound to be growing pains. But if gold spikes up at the end of the year like some people and pros have been talking about then we should see a nice run
a good read thank you for the find prettynpink
lets hope we get some prs with big numbers in them and soon
only a matter of time I just hope that the old addage buy on rumour and sell on news doesnt result in a huge sell off once news is out on this company
good leave get out of here your lingering like a bad smell :)
proceed with caution but nevertheless still one to put on the watch list I think the confirmation will come once we have concrete production numbers and year end filings thats what I am personally waiting for
ty for the linkl good to know why does the NASD allow this online guys naked shorting or playing games and when covering comes look out they dont take buy orders?????? so wrong... storm is coming scottrade a storm is coming
Could Scottrade be caught? like td was?? HMMMM
Conversion Solutions Issues Statement on TD Ameritrade
KENNESAW, Ga., Sept. 13 /PRNewswire-FirstCall/ -- The following statement is being issued by Rufus Paul Harris, Chief Executive Officer of Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation.
Depending on who you speak to, the events of the last thirty days could be the beginning of the end for a trading dynasty. The 'Short' selling of Conversion Solutions Holdings Inc. (OTC Bulletin Board: CSHD) company stock by a once loved and respected trading house may have sealed that company's fate as it is now perceived to specialize in 'Shorting' OTC Bulletin Board stocks.
Short selling of OTCBB stock is legal, and is used by some companies to create liquidity where there is none. Why would a stock be stagnating, you may ask? In some instances anticipation of an upcoming 10K or a price reset might cause a company's share holders to sit tight and hold for a time. Companies that participate in the practice of 'Short' selling either: buy their positions out of the market or go bankrupt.
Conversion Solutions Holdings Inc. has filed 8K documentation, announcing nearly 2.6 billion dollars in assets and yet TD Ameritrade (and their subsidiaries) continue to sell shares they don't own, or have the ability to borrow. TD Ameritrade responds not by buying the stock out of the market, to cover their 'Shorts,' but by refusing their customers their legitimate right to buy more OTC Bulletin Board: CSHD stock. Some Conversion Solutions Holdings Inc. supporters have shared their thoughts and feelings on the forum http://www.hotstockmarket.com, many of whom vow to press litigation against TD Ameritrade for not allowing them to purchase more CSHD stock. This stock has been on regulation SHO for 25 consecutive days and it has been confirmed that it has been 'Shorted' by an objective 'Third Party.' To peruse this information please visit http://www.buyins.net, they assert, 'the 'Shorting' is over...16,000,000 shares with others estimating the 'Shorting' to be as high as 60,000,000.'
Currently, the Company has 62,000,000 shares outstanding, and simple calculations would assess a current book value for this company, as of today, at approximately $41.93 per share. Then the sum, when multiplied by a minimum of 16,000,000 shares shorted, comes to minimum of $670,880,000. A market analyst concludes this stock may be conservatively valuated at 2x its book value ($1,341,760,000) or put another way, about 4 times greater than TD Ameritrade's last year's net profit.
Some of TD Ameritrade's clients are already requesting their stock certificates in fear that TD Ameritrade may go under. They are moving their shares to other trading houses that they believe to be less likely to short this stock.
As Conversion Solutions Holdings Inc. nears its 10K due date (September 30, 2006) its share holders should look positively on the actions of their Chairman and his Board and their corporate wide confidence should be reflected and rewarded by ever increasing share values. Having said that and looking back on the events of the last thirty days I can say with certainty that it should be an interesting, but profitable ride for any person who wants to get on board to make the trip by supporting their company for the long haul.
For additional information concerning 'Short Selling,' please read 'Darkside of the Looking Glass.' by Dr. Patrick Byrne http://www.businessjive.com/nss/darkside.html
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause the actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
SOURCE Conversion Solutions Holdings Corp
same thing happened on this stock CSHD on the otcbb it went from .04 cents to 4.00 dollars all of a sudden TD/Ameritrade wasnt taking buy orders they found out they were massivly short on that stock and the company is pursuing legal actions.... scottrade interesting HMMMMM